J.P. Morgan, Goldman Get a Dose of Fed's Reserve

The Federal Reserve waved most big, U.S. banks past the capital-return finish line Thursday. But investors shouldn't take too many victory laps.

The Fed's decision, coming a week after it released "stress-test" results, raised questions about two of the biggest U.S. banks, J.P. Morgan Chase and Goldman Sachs. It may also fuel further debate about new capital rules and whether banks have too much room to game the system.